Identifying Variable Costs
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commission paid to Avon representatives
recurring advertising cost by a physicians office
the cost of hardware installed on sailboat
the cost of rent on a deVry facility
shipping cost from a book distribution center
Insurance on a factory assembly facility
wages paid to temporary personnel
depreciation of assembly line facilities at ford
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Solution Summary
This solution discusses examples of variable and fixed costs.
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In the end, all costs are variable because they vary over long periods of time. Cost accounting defines a variable cost as a cost which varies by the level of activity with a relevant range of activity. Using that definition, only three of these costs are variable costs:
1. Commission paid to avon representatives: The commission varies by the ...
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